Cheap Homes for Rent in Downtown Neighborhood of Colorado Springs, CO from $600 (14 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown area of Colorado Springs.

property at 427-431 E Bijou St

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600

Total Monthly Price
$600

Studio, 1 Bath Condo for Rent

Available Now

427-431 E Bijou St

Colorado SpringsCO80903
property at 815 N Nevada Ave

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 2.5 Bath Condo for Rent

Available Now

815 N Nevada Ave

Colorado SpringsCO80903
property at 537 E Platte Ave

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Condo for Rent

Available Now

537 E Platte Ave

Colorado SpringsCO80903

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property at 520 Swope Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 2 Bath Home for Rent

Available Mar 6

520 Swope Ave

Colorado SpringsCO80909
property at 410 E Dale St

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

1 Bedroom Rentals

Available Now

410 E Dale St

Colorado SpringsCO80903
property at 720 Institute N St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Home for Rent

Available Mar 1

720 Institute N St

Colorado SpringsCO80903
property at 431 N Franklin St

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Home for Rent

Available Now

431 N Franklin St

Colorado SpringsCO80903

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Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown area of Colorado Springs, CO is a 2 Beds unit found at Rosewood Apartments priced from $849. BG - SUMMIT VIEW APARTMENTS has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Downtown apartments for rent in Colorado Springs, CO:

Apartment ListingModel NameBed/BathPriced From
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$849
BG - SUMMIT VIEW APARTMENTS1BR/1.0BA1BR,1BA$850
Downtown Studio Apartment for rent0BR/1.0BAStudio,1BA$875
Park BonfoyS1Studio,1BA$895
Kalo IvywildKaloUnityStudio,1BA$906

Best Value Apartments for Rent in Downtown, CO

As of February 28, 2026 the best value apartment in the Downtown area is the $1.92 price per square foot 2x1 Model at Cascade Park in the in the Downtown neighborhood starting from $1,850. The second greatest value Downtown apartment is the 2 Beds, 1 Baths Model at Rosewood Apartments starting at $849 with a $0.94 price per square foot in the Memorial Park neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cascade Park2x12BR,2BA$1.92
Rosewood Apartments2 Beds, 1 Baths2BR,1BA$0.94
Union Blvd Apartments2 Beds, 1 Baths2BR,1BA$1.03
845 E Cucharras St, Unit 845845 E Cucharras St3BR,1BA$1.41
Jasmine Springs2 Bedroom, 1 Bath2BR,1BA$1.24
Tamarac2x1 50%2BR,1BA$1.73
Prospect Park1x11BR,1BA$1.58
Kalo IvywildKaloUnityStudio ,1BA$1.79
BG - SUMMIT VIEW APARTMENTS1BR/1.0BA1BR,1BA$1.70
Park BonfoyS1Studio ,1BA$1.95

Frequently Asked Questions about Downtown

What type of rentals are currently available in Downtown?

There are currently 235 Apartments for Rent in Downtown, CO with pricing that ranges from $800 to $5,031. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $600 to $4,000.

What is the current price range for Rental Homes in Downtown?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $600 to $4,000 with an average monthly rent of $1,950.

How much are larger Three and Four Bedroom Rentals in Downtown?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown range from $1,200 to $5,031, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $2,995. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $3,800.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for A Local Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Colorado Springs, CO article

A Local Experts Guide To 10 Budget-Friendly Neighborhoods to Rent in Colorado Springs, CO

Written by: Darla Ferrara

Just the name Colorado Springs makes me think of home. I’m Darla, your ApartmentHomeLiving.com Local Expert for Colorado Springs, CO.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.